Right to Buy
Debate between Emily Thornberry and Brandon LewisUrgent Questions are proposed each morning by backbench MPs, and up to two may be selected each day by the Speaker. Chosen Urgent Questions are announced 30 minutes before Parliament sits each day.
Each Urgent Question requires a Government Minister to give a response on the debate topic.
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Brandon Lewis
My hon. Friend makes a good point. Yes, it absolutely is part of a wider package of work we have been doing and will continue to do to drive up home building as well as homeownership throughout different parts of the sector and with different types of tenure, while always remembering that 86% of our population want to own their own home and doing everything we can to support them in that aim.
Emily Thornberry (Islington South and Finsbury) (Lab)
May I pick up the point that has just been raised? I was very concerned that money raised from the right to buy in areas such as mine will leave the borough and possibly leave London altogether. The Minister has not really answered this point. It is vital that any money raised through right to buy is reinvested in the nearby area. We should therefore look at all schemes to include as much genuinely affordable housing as possible. For example, 900 homes are being built at 250 City Road in my constituency. The cheapest one-bed flat there is £865,000 so starter homes are simply not affordable there. Does the Minister agree that the only genuinely affordable homes at the 250 City Road scheme are likely to be those for social rent?
Brandon Lewis
This is a pretty simple question of supply and demand. To get more affordable prices, we need to build more homes, and I hope that the hon. Lady will support this process, which is about getting more homes built in London and in the rest of the country.